TOPEKA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Topeka averaged 6.55% for the week of 2024-02-15, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-02-08) was 6.42% and one month ago for the week of 2024-01-11, the average rate was 6.64%.

Topeka's average rate one year ago was 5.9%.

For refis of the same type during the week of 2024-02-15, the average rate was 5.82%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-15 6.77%
Topeka 30 Year Fixed Rate 2024-02-15 6.55%
Topeka 30 Year Fixed Rate Refi 2024-02-15 5.82%
Topeka 15 Year Fixed Rate 2024-02-15 5.95%
Topeka 15 Year Fixed Rate Refi 2024-02-15 4.95%
Topeka 30 Year FHA 2024-02-15 6.46%
Topeka 30 Year FHA Refi 2024-02-15 6.81%
Topeka 30 Year USDA 2024-02-15 6.79%
Topeka 30 Year USDA Refi 2024-02-15 6.69%
Topeka 30 Year VA 2024-02-15 6%
Topeka 30 Year VA Refi 2024-02-15 6.36%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within TOPEKA, KS.

TOPEKA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the TOPEKA, KS market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Landmark National Bank 264 4.76% $2,387
Envista Credit Union 192 4.97% $3,374
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 185 5.31% $2,838
Capitol Federal Savings Bank 162 4.51% $2,434
QUICKEN LOANS, LLC 129 4.90% $5,724
Azura Credit Union 70 5.03% $490
U.S. Bank 63 5.21% $2,589
CoreFirst Bank & Trust 57 4.57% $1,996
NBH Bank 49 5.39% $2,439
Central National Bank 32 5.19% $1,759
Mid-America Bank 24 5.30% $2,456
LOANDEPOT.COM, LLC 21 5.08% $4,055
Wells Fargo Bank 21 5.05% $3,417
BOKF 21 4.32% $3,215
UNION HOME MORTGAGE CORP. 19 5.52% $3,806
Flagstar Bank, FSB 18 4.63% $3,799
CALIBER HOME LOANS, INC. 16 4.96% $2,930
FLAT BRANCH MORTGAGE, INC. 15 5.26% $2,838
UNITED WHOLESALE MORTGAGE, LLC 15 5.53% $3,732
Bank of the Flint Hills 14 5.25% $2,416
COMMUNITYAMERICA 13 4.68% $2,535
PRIMELENDING, A PLAINSCAPITAL COMPANY 12 5.10% $3,038
Mr. Cooper ( Nationstar Mortgage ) 12 4.98% $6,332
JPMorgan Chase Bank 12 5.42% $2,508
Truity Federal Credit Union 12 4.52% $2,115
Equity Bank 11 4.61% $2,908
PENNYMAC LOAN SERVICES, LLC 10 5.21% $6,489
Sunflower Bank 9 5.04% $3,277
MOVEMENT MORTGAGE, LLC 9 5.86% $3,382
Citizens Bank 9 5.01% $3,905
RCB Bank 8 5.54% $2,346
American Mortgage & Equity Consultants, Inc. 7 5.16% $4,820
AMERISAVE MORTGAGE CORPORATION 7 5.03% $6,071
FREEDOM MORTGAGE CORPORATION 7 6.07% $4,459
GUILD MORTGAGE COMPANY 6 5.42% $4,801
Discover Bank 6 5.70% $0
First State Bank of St. Charles, Missouri 6 4.67% $3,461
MERITRUST Federal Credit Union 6 4.96% $3,027
COMMUNICATION 6 5.52% $912
Mortgage Research Center, LLC 6 5.44% $2,487
Farm Credit Mid-America, ACA 6 5.25% $6,989
NAVY FEDERAL CREDIT UNION 6 5.85% $2,126
Bank of England 5 5.30% $4,644
Armed Forces Bank 5 5.10% $3,270
LAKEVIEW LOAN SERVICING, LLC 5 4.77% $3,682
ROYAL UNITED MORTGAGE LLC 5 6.18% $6,548
BROKER SOLUTIONS, INC. 5 6.07% $4,915
Commerce Bank 5 4.98% $2,666
ENDEAVOR CAPITAL, LLC. 4 5.88% $3,200
NBKC BANK 4 5.37% $4,045
Mortgage Investment Services Corporation 4 4.88% $6,221
North American Savings Bank, F.S.B. 4 5.13% $1,991
CMG MORTGAGE, INC. 4 4.41% $4,280
Carrington Mortgage Services, LLC 4 5.19% $4,480
BETTER MORTGAGE CORPORATION 4 3.63% $2,474
Bell Bank 4 5.41% $2,931
Bank of America 4 4.72% $1,887
LEADERONE FINANCIAL CORPORATION 4 5.16% $3,988
Ally Bank 4 3.75% $2,058
HOME POINT FINANCIAL CORPORATION 4 4.21% $4,897
ZILLOW HOME LOANS, LLC 3 5.83% $4,221
AMERICAN FINANCING CORPORATION 3 5.71% $3,457
AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.38% $3,618
Fidelity Bank 3 4.21% $2,331
GUARANTEED RATE, INC. 3 5.04% $4,591
MID AMERICAN 3 4.83% $2,224
Morgan Stanley Private Bank 3 4.03% $3,081
MUTUAL OF OMAHA MORTGAGE, INC. 3 5.83% $6,030
Stifel Bank and Trust 3 3.58% $1,963
The Farmers State Bank of Westmoreland 3 4.92% $2,097
United Fidelity Funding Corp. 3 6.92% $2,251
West Gate Bank 3 4.13% $2,867
CREDIT UNION OF AMERICA 2 4.50% $2,141
PROVIDENT FUNDING ASSOCIATES, L.P. 2 4.88% $4,589
M&T Bank 2 4.75% $3,253
Plains Commerce Bank 2 5.25% $2,184
MORTGAGE ACCESS CORP. 2 6.43% $4,383
THRIVENT Federal Credit Union 2 4.75% $2,780
Truist 2 4.40% $2,443
BAY EQUITY LLC 2 6.75% $6,546
PLAZA HOME MORTGAGE, INC. 2 3.94% $3,974
Arvest Bank 2 3.31% $5,889
CROSSCOUNTRY MORTGAGE, LLC 2 5.06% $6,906
GUARANTY HOME MORTGAGE CORPORATION 2 7.13% $2,736
HEARTLAND CREDIT UNION 2 7.13% $2,282
CHURCHILL MORTGAGE CORPORATION 2 4.75% $3,581
Paramount Residential Mortgage Group, Inc. 2 4.81% $3,305
HOMESIDE FINANCIAL, LLC 2 5.81% $3,788
INLANTA MORTGAGE, INC. 2 6.31% $4,196
First Federal Bank of Kansas City 1 5.88% $4,050
FINANCE OF AMERICA MORTGAGE LLC 1 3.38% $4,032
Enterprise Bank & Trust 1 5.88% $2,334
Devon Bank 1 7.25% $3,316
USAA Federal Savings Bank 1 5.63% $2,908
Nations Lending Corporation 1 5.99% $2,975
Deere Employees Credit Union 1 5.88% $2,524
NEWREZ LLC 1 3.25% $4,095
COMMUNITY MORTGAGE, LLC 1 5.63% $6,057
Oakstar Bank 1 3.75% $2,500
Colonial Savings, F.A. 1 5.25% $5,552
PENTAGON FEDERAL CREDIT UNION 1 5.63% $4,328
PLANET HOME LENDING, LLC 1 4.88% $3,315
PNC Bank 1 3.25% $2,444
Prosperity Bank 1 5.63% $2,014
Prosperity Home Mortgage, LLC 1 6.38% $3,075
Canyon State Credit Union 1 3.63% $3,401
BAYSHORE MORTGAGE FUNDING, LLC 1 6.88% $3,179
RESIDENTIAL BANCORP 1 3.88% $5,224
RUOFF MORTGAGE COMPANY, INC. 1 5.88% $2,886
SCOTT CREDIT UNION 1 7.38% $2,005
Sierra Pacific Mortgage Company, Inc. 1 3.99% $2,390
SIRVA MORTGAGE, INC. 1 6.88% $0
AmeriHome Mortgage Company, LLC 1 5.63% $4,246
SUCCESS MORTGAGE PARTNERS, INC. 1 6.50% $3,712
SUMMIT FUNDING, INC. 1 5.88% $4,292
Barrington Bank & Trust Company, N.A. 1 5.88% $4,007
AMERICAN PORTFOLIO MORTGAGE CORPORATION 1 3.38% $2,496
ATLANTA POSTAL 1 2.88% $4,044
INTERCAP LENDING INC. 1 5.88% $3,873
GUIDANCE RESIDENTIAL, LLC 1 5.75% $2,950
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 1 5.88% $6,253
GUARANTEED RATE AFFINITY, LLC 1 5.35% $0
UMB Bank 1 4.33% $1,746
Intrust Bank 1 5.50% $2,273
JLB CORPORATION 1 4.88% $3,970
Great Southern Bank 1 4.75% $2,699
KELLER MORTGAGE, LLC 1 5.88% $2,841
KeyBank 1 3.25% $4,080
GOLDEN PLAINS 1 4.25% $2,057
FRONTIER COMMUNITY CREDIT UNION 1 3.75% $2,890
F & M Bank 1 3.38% $2,426
First National Bank of Omaha 1 7.38% $2,346
LOANPAL, LLC 1 3.88% $4,521
MAINSTREET FEDERAL CREDIT UNION 1 3.38% $2,158
First Internet Bank of Indiana 1 2.75% $4,098
First Guaranty Mortgage Corporation 1 3.25% $4,627
Academy Bank 1 3.13% $3,263
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 3.13% $1,036
MORIA DEVELOPMENT, INC. 1 6.13% $4,173

TOPEKA Average Closing Costs & Other Stats

TOPEKA, KS's 139 lenders originated 5,546 loans during 2022. The total origination value was $917,100,000, with an average loan value of $165,362.

TOPEKA's average closing costs are $3,433.

The top TOPEKA lender as defined by loan originations is Landmark National Bank, with 264 loans originated. Their average total fees are $2,387, which is $986 lower than the next largest lender, Envista Credit Union.

The lowest fee TOPEKA lenders (with over 10 loans originated) are Azura Credit Union ($490), Central National Bank ($1,759), CoreFirst Bank & Trust ($1,996), Truity Federal Credit Union ($2,115) and Landmark National Bank ($2,387).

The lowest rate TOPEKA lenders (with over 10 loans originated) are BOKF (4.32%), Capitol Federal Savings Bank (4.51%), Truity Federal Credit Union (4.52%), CoreFirst Bank & Trust (4.57%) and Equity Bank (4.61%).

TOPEKA, KS Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
Landmark National Bank $122,930,000 $84,650,000 -31.1% 9.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $94,095,000 $72,440,000 -23.0% 7.9%
Envista Credit Union $64,280,000 $63,010,000 -2.0% 6.9%
Capitol Federal Savings Bank $82,730,000 $51,820,000 -37.4% 5.7%
QUICKEN LOANS, LLC $115,265,000 $49,480,000 -57.1% 5.4%
Community Bank $41,885,000 $32,770,000 -21.8% 3.6%
CoreFirst Bank & Trust $46,765,000 $32,520,000 -30.5% 3.5%
NORTHMARQ CAPITAL FINANCE, L.L.C. $26,925,000 n/a 2.9%
Azura Credit Union $34,925,000 $26,225,000 -24.9% 2.9%
Truist $1,055,000 $24,685,000 2,239.8% 2.7%
The Denison State Bank $34,165,000 $23,540,000 -31.1% 2.6%
U.S. Bank $38,935,000 $22,280,000 -42.8% 2.4%
Mortgage Research Center, LLC $27,985,000 $20,155,000 -28.0% 2.2%
Silver Lake Bank $11,090,000 $18,200,000 64.1% 2.0%
NBH Bank $15,755,000 $16,045,000 1.8% 1.7%
Community National Bank $1,850,000 $13,670,000 638.9% 1.5%
VisionBank $48,040,000 $12,325,000 -74.3% 1.3%
Kaw Valley Bank $9,745,000 $11,860,000 21.7% 1.3%
Mid-America Bank $13,220,000 $10,535,000 -20.3% 1.1%
ORIX REAL ESTATE CAPITAL, LLC $15,205,000 $10,340,000 -32.0% 1.1%
Central National Bank $20,780,000 $9,955,000 -52.1% 1.1%
LOANDEPOT.COM, LLC $17,515,000 $8,830,000 -49.6% 1.0%
Flagstar Bank, FSB $13,300,000 $8,345,000 -37.3% 0.9%
UNION HOME MORTGAGE CORP. $7,195,000 $8,310,000 15.5% 0.9%
PENNYMAC LOAN SERVICES, LLC $15,795,000 $8,135,000 -48.5% 0.9%
FREEDOM MORTGAGE CORPORATION $27,475,000 $7,580,000 -72.4% 0.8%
UNITED WHOLESALE MORTGAGE, LLC $9,310,000 $7,460,000 -19.9% 0.8%
Wells Fargo Bank $11,175,000 $7,365,000 -34.1% 0.8%
FLAT BRANCH MORTGAGE, INC. $9,560,000 $7,330,000 -23.3% 0.8%
Bank of the Flint Hills $11,475,000 $7,050,000 -38.6% 0.8%
Equity Bank $2,935,000 $6,865,000 133.9% 0.7%
USAA Federal Savings Bank $7,640,000 $6,135,000 -19.7% 0.7%
CALIBER HOME LOANS, INC. $8,645,000 $6,105,000 -29.4% 0.7%
BOKF $10,515,000 $5,895,000 -43.9% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $14,215,000 $5,815,000 -59.1% 0.6%
NAVY FEDERAL CREDIT UNION $6,775,000 $5,250,000 -22.5% 0.6%
COMMUNITYAMERICA $3,295,000 $4,995,000 51.6% 0.5%
LAKEVIEW LOAN SERVICING, LLC $12,785,000 $4,795,000 -62.5% 0.5%
THE KAW VALLEY STATE BANK AND TRUST COMPANY, OF WAMEGO, KANSAS $7,110,000 $4,675,000 -34.2% 0.5%
The Union State Bank of Everest $6,735,000 $4,410,000 -34.5% 0.5%
MORTGAGE SOLUTIONS OF COLORADO, LLC $1,705,000 $4,010,000 135.2% 0.4%
AMERISAVE MORTGAGE CORPORATION $9,540,000 $3,920,000 -58.9% 0.4%
Truity Federal Credit Union $6,680,000 $3,535,000 -47.1% 0.4%
Farm Credit Mid-America, ACA $7,880,000 $3,505,000 -55.5% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $8,310,000 $3,385,000 -59.3% 0.4%
KeyBank $11,245,000 $3,170,000 -71.8% 0.3%
MOVEMENT MORTGAGE, LLC $7,170,000 $2,985,000 -58.4% 0.3%
First State Bank and Trust $5,805,000 $2,900,000 -50.0% 0.3%
BROKER SOLUTIONS, INC. $1,930,000 $2,875,000 49.0% 0.3%
Sunflower Bank $370,000 $2,705,000 631.1% 0.3%
GUILD MORTGAGE COMPANY $2,110,000 $2,655,000 25.8% 0.3%
LEADERONE FINANCIAL CORPORATION $2,325,000 $2,600,000 11.8% 0.3%
MERITRUST Federal Credit Union $2,190,000 $2,590,000 18.3% 0.3%
Mortgage Investment Services Corporation $8,585,000 $2,550,000 -70.3% 0.3%
JPMorgan Chase Bank $3,360,000 $2,540,000 -24.4% 0.3%
RCB Bank $1,620,000 $2,440,000 50.6% 0.3%
Morgan Stanley Private Bank $2,425,000 n/a 0.3%
HOME POINT FINANCIAL CORPORATION $5,990,000 $2,410,000 -59.8% 0.3%
Carrington Mortgage Services, LLC $2,210,000 $2,120,000 -4.1% 0.2%
First State Bank of St. Charles, Missouri $1,725,000 $2,105,000 22.0% 0.2%
American Mortgage & Equity Consultants, Inc. $1,075,000 $2,100,000 95.3% 0.2%
NEW DAY FINANCIAL, LLC $4,190,000 $2,045,000 -51.2% 0.2%
NEWREZ LLC $6,215,000 $1,970,000 -68.3% 0.2%
Citizens Bank $1,440,000 $1,965,000 36.5% 0.2%
ENDEAVOR CAPITAL, LLC. $3,720,000 $1,960,000 -47.3% 0.2%
Armed Forces Bank $515,000 $1,865,000 262.1% 0.2%
Mutual Savings Association $4,305,000 $1,845,000 -57.1% 0.2%
NBKC BANK $3,745,000 $1,795,000 -52.1% 0.2%
TRIAD FINANCIAL SERVICES, INC. $1,410,000 $1,765,000 25.2% 0.2%
Commerce Bank $1,445,000 $1,720,000 19.0% 0.2%
HOMESIDE FINANCIAL, LLC $985,000 $1,675,000 70.1% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,435,000 $1,655,000 15.3% 0.2%
AMERICAN FINANCING CORPORATION $1,815,000 $1,620,000 -10.7% 0.2%
COMMUNITY MORTGAGE, LLC $4,070,000 $1,585,000 -61.1% 0.2%
COMMUNICATION $850,000 $1,555,000 82.9% 0.2%
Bank of America $3,050,000 $1,515,000 -50.3% 0.2%
BETTER MORTGAGE CORPORATION $3,835,000 $1,465,000 -61.8% 0.2%
Fidelity Bank $1,170,000 $1,455,000 24.4% 0.2%
CMG MORTGAGE, INC. $440,000 $1,435,000 226.1% 0.2%
Arvest Bank $3,880,000 $1,355,000 -65.1% 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,390,000 $1,350,000 -2.9% 0.1%
Ally Bank $710,000 $1,280,000 80.3% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,290,000 $1,265,000 -1.9% 0.1%
Ixonia Bank $925,000 $1,245,000 34.6% 0.1%
Nations Lending Corporation $1,115,000 $1,235,000 10.8% 0.1%
Members Mortgage Services, L.L.C. $1,740,000 $1,220,000 -29.9% 0.1%
North American Savings Bank, F.S.B. $1,565,000 $1,195,000 -23.6% 0.1%
EVERETT FINANCIAL, INC. $300,000 $1,190,000 296.7% 0.1%
Bell Bank $490,000 $1,145,000 133.7% 0.1%
HEARTLAND CREDIT UNION $150,000 $1,130,000 653.3% 0.1%
United Fidelity Funding Corp. $890,000 $1,090,000 22.5% 0.1%
KS StateBank $3,690,000 $1,075,000 -70.9% 0.1%
Discover Bank $95,000 $1,065,000 1,021.1% 0.1%
GUARANTEED RATE, INC. $935,000 $990,000 5.9% 0.1%
PENTAGON FEDERAL CREDIT UNION $700,000 $980,000 40.0% 0.1%
ZILLOW HOME LOANS, LLC $1,420,000 $960,000 -32.4% 0.1%
Bank of England $785,000 $915,000 16.6% 0.1%
BAY EQUITY LLC $875,000 $860,000 -1.7% 0.1%
M&T Bank $1,535,000 $845,000 -45.0% 0.1%
PEOPLES STATE BANK $520,000 $840,000 61.5% 0.1%
PREMIER MORTGAGE RESOURCES, L.L.C. $830,000 n/a 0.1%
The Farmers State Bank of Westmoreland $1,130,000 $830,000 -26.5% 0.1%
ROYAL UNITED MORTGAGE LLC $980,000 $825,000 -15.8% 0.1%
Gateway First Bank $720,000 $770,000 6.9% 0.1%
Oakstar Bank $770,000 n/a 0.1%
Availa Bank $755,000 n/a 0.1%
Intrust Bank $1,885,000 $730,000 -61.3% 0.1%
First Bank $565,000 $710,000 25.7% 0.1%
PNC Bank $525,000 $700,000 33.3% 0.1%
West Gate Bank $470,000 $695,000 47.9% 0.1%
Stifel Bank and Trust $430,000 $690,000 60.5% 0.1%
Community First National Bank $2,570,000 $685,000 -73.3% 0.1%
Paramount Residential Mortgage Group, Inc. $485,000 $685,000 41.2% 0.1%
CHURCHILL MORTGAGE CORPORATION $1,330,000 $660,000 -50.4% 0.1%
GNBank $3,980,000 $660,000 -83.4% 0.1%
UMB Bank $1,405,000 $650,000 -53.7% 0.1%
MID AMERICAN $255,000 $630,000 147.1% 0.1%
Plains Commerce Bank $1,025,000 $630,000 -38.5% 0.1%
SUCCESS MORTGAGE PARTNERS, INC. $585,000 $600,000 2.6% 0.1%
The Federal Savings Bank $3,460,000 $600,000 -82.7% 0.1%
PLANET HOME LENDING, LLC $1,875,000 $595,000 -68.3% 0.1%
Barrington Bank & Trust Company, N.A. $1,090,000 $570,000 -47.7% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $3,560,000 $555,000 -84.4% 0.1%
PLAZA HOME MORTGAGE, INC. $1,345,000 $555,000 -58.7% 0.1%
MORTGAGE ACCESS CORP. $175,000 $520,000 197.1% 0.1%
PROVIDENT FUNDING ASSOCIATES, L.P. $145,000 $510,000 251.7% 0.1%
PRIMARY RESIDENTIAL MORTGAGE, INC. $1,145,000 $505,000 -55.9% 0.1%
Figure Lending LLC $215,000 $495,000 130.2% 0.1%
RESIDENTIAL BANCORP. $240,000 $495,000 106.3% 0.1%
ESB Financial $1,850,000 $480,000 -74.1% 0.1%
Exchange Bank & Trust $440,000 $470,000 6.8% 0.1%
INLANTA MORTGAGE, INC. $470,000 n/a 0.1%
AMERICAN PORTFOLIO MORTGAGE CORPORATION $465,000 n/a 0.1%
DIGITAL Federal Credit Union $105,000 $465,000 342.9% 0.1%
Goldwater Bank, N.A. $455,000 n/a 0.0%
The Bennington State Bank $480,000 $430,000 -10.4% 0.0%
SIRVA MORTGAGE, INC. $735,000 $425,000 -42.2% 0.0%
Equity Prime Mortgage LLC $250,000 $420,000 68.0% 0.0%
The Central Trust Bank $1,580,000 $420,000 -73.4% 0.0%
JLB CORPORATION $1,155,000 $415,000 -64.1% 0.0%
GUIDANCE RESIDENTIAL, LLC $405,000 n/a 0.0%
US MORTGAGE CORPORATION $405,000 n/a 0.0%
Exchange Bank $400,000 n/a 0.0%
CREDIT UNION OF AMERICA $85,000 $395,000 364.7% 0.0%
American Bank & Trust $385,000 n/a 0.0%
LOANPAL, LLC $485,000 $385,000 -20.6% 0.0%
PHH Mortgage Corporation $550,000 $385,000 -30.0% 0.0%
AMERICAN ADVISORS GROUP $265,000 $375,000 41.5% 0.0%
First Guaranty Mortgage Corporation $1,000,000 $360,000 -64.0% 0.0%
GUARANTY HOME MORTGAGE CORPORATION $345,000 n/a 0.0%
Farmers and Drovers Bank $1,120,000 $340,000 -69.6% 0.0%
MORIA DEVELOPMENT, INC. $85,000 $340,000 300.0% 0.0%
Century Mortgage Company DBA Century Lending Company $335,000 n/a 0.0%
Farmers State Bank $335,000 n/a 0.0%
THRIVENT Federal Credit Union $330,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $455,000 $325,000 -28.6% 0.0%
Bank of Blue Valley $315,000 n/a 0.0%
First Internet Bank of Indiana $65,000 $315,000 384.6% 0.0%
RELIANCE FIRST CAPITAL, LLC $205,000 $310,000 51.2% 0.0%
FRONTIER COMMUNITY CREDIT UNION $755,000 $300,000 -60.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,265,000 $290,000 -77.1% 0.0%
Community National Bank & Trust $405,000 $280,000 -30.9% 0.0%
Great Southern Bank $280,000 n/a 0.0%
RUOFF MORTGAGE COMPANY, INC. $170,000 $280,000 64.7% 0.0%
ATLANTA POSTAL $275,000 n/a 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $1,780,000 $270,000 -84.8% 0.0%
SPRING EQ, LLC $260,000 $260,000 0.0% 0.0%
First United Bank and Trust Company $255,000 n/a 0.0%
Baxter Credit Union $250,000 n/a 0.0%
GOLDEN PLAINS $250,000 n/a 0.0%
Academy Bank $245,000 n/a 0.0%
American National Bank of Minnesota $235,000 $245,000 4.3% 0.0%
INTERCAP LENDING INC. $245,000 n/a 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $235,000 $235,000 0.0% 0.0%
Canyon State Credit Union $225,000 n/a 0.0%
First Home Bank $585,000 $225,000 -61.5% 0.0%
First Option Bank $230,000 $225,000 -2.2% 0.0%
Mid-Missouri Bank $225,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $65,000 $215,000 230.8% 0.0%
Devon Bank $215,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $480,000 $215,000 -55.2% 0.0%
Mid-Continent Funding, Inc. $1,840,000 $215,000 -88.3% 0.0%
Wyndham Capital Mortgage, Inc. $1,605,000 $215,000 -86.6% 0.0%
GENEVA FINANCIAL, LLC $370,000 $205,000 -44.6% 0.0%
BAYSHORE MORTGAGE FUNDING, LLC $195,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $470,000 $195,000 -58.5% 0.0%
ACADEMY MORTGAGE CORPORATION $850,000 $185,000 -78.2% 0.0%
Chickasaw Community Bank $330,000 $185,000 -43.9% 0.0%
Colonial Savings, F.A. $1,050,000 $185,000 -82.4% 0.0%
Cornerstone First Mortgage, Inc $185,000 n/a 0.0%
DAS Acquisition Company, LLC $475,000 $185,000 -61.1% 0.0%
Prosperity Home Mortgage, LLC $870,000 $185,000 -78.7% 0.0%
SUN WEST MORTGAGE COMPANY, INC. $85,000 $180,000 111.8% 0.0%
First National Bank of Omaha $585,000 $175,000 -70.1% 0.0%
HIGHLANDS RESIDENTIAL MORTGAGE, LTD. $175,000 n/a 0.0%
PREMIA MORTGAGE, LLC $325,000 $175,000 -46.2% 0.0%
LENDINGHOME FUNDING CORPORATION $170,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $165,000 n/a 0.0%
LONGBRIDGE FINANCIAL, LLC $165,000 n/a 0.0%
MID AMERICA MORTGAGE, INC. $1,465,000 $165,000 -88.7% 0.0%
NFM, INC. $165,000 n/a 0.0%
SCOTT CREDIT UNION $165,000 n/a 0.0%
Amerifirst Financial, Inc. $155,000 n/a 0.0%
First State Bank Nebraska $155,000 n/a 0.0%
UNITED MORTGAGE CORP. $155,000 n/a 0.0%
DELMAR FINANCIAL COMPANY $920,000 $145,000 -84.2% 0.0%
Enterprise Bank & Trust $135,000 n/a 0.0%
SUMMIT FUNDING, INC. $225,000 $135,000 -40.0% 0.0%
United Bank & Trust $10,110,000 $135,000 -98.7% 0.0%
Black Hills Community Bank $125,000 n/a 0.0%
KELLER MORTGAGE, LLC $475,000 $125,000 -73.7% 0.0%
Northpointe Bank $125,000 n/a 0.0%
Peoples Bank $125,000 n/a 0.0%
Chicago Mortgage Solutions LLC $565,000 $115,000 -79.6% 0.0%
EMBRACE HOME LOANS, INC. $265,000 $115,000 -56.6% 0.0%
F & M Bank $115,000 n/a 0.0%
The Home Loan Expert LLC $165,000 $115,000 -30.3% 0.0%
MAINSTREET FEDERAL CREDIT UNION $175,000 $105,000 -40.0% 0.0%
AmeriHome Mortgage Company, LLC $255,000 $95,000 -62.7% 0.0%
Deere Employees Credit Union $95,000 n/a 0.0%
USAlliance Federal Credit Union $95,000 n/a 0.0%
Emprise Bank $50,000 $90,000 80.0% 0.0%
Cache Valley Bank $85,000 n/a 0.0%
Citizens Bank of Amsterdam $85,000 n/a 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $75,000 n/a 0.0%
CORNERSTONE HOME LENDING, INC. $280,000 $75,000 -73.2% 0.0%
First-Citizens Bank & Trust Company $75,000 n/a 0.0%
GEORGIA'S OWN $75,000 n/a 0.0%
First Federal Bank of Kansas City $490,000 $65,000 -86.7% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $65,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $185,000 $65,000 -64.9% 0.0%
VANDERBILT MORTGAGE AND FINANCE, INC. $60,000 n/a 0.0%
Bank of the West $335,000 $55,000 -83.6% 0.0%
Prosperity Bank $55,000 n/a 0.0%
Country Club Bank $295,000 $35,000 -88.1% 0.0%
21ST MORTGAGE CORPORATION $115,000 $25,000 -78.3% 0.0%
Lakeview Community Capital, LLC $25,000 n/a 0.0%
KANSAS STATE UNIVERSITY Federal Credit Union $385,000 $15,000 -96.1% 0.0%

TOPEKA's top lender by overall market share is Landmark National Bank, with 9.2% market share. In second place, with 7.9%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $72,440,000 in loans. In third place, with 6.9%, is Envista Credit Union, having originated $63,010,000 in loans. In fourth place, with 5.7%, is Capitol Federal Savings Bank, having originated $51,820,000 in loans. In fifth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $49,480,000 in loans.


TOPEKA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - TOPEKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $106,225 (-1.2%) $152,272 (1.7%) 0.39 568
2018-02-01 $110,475 (0.5%) $157,554 (2.2%) 0.40 570
2018-03-01 $114,900 (-2.1%) $159,512 (-2.1%) 0.40 555
2018-04-01 $116,450 (-5.1%) $170,246 (-2.0%) 0.39 546
2018-05-01 $119,925 (1.2%) $176,938 (3.7%) 0.40 565
2018-06-01 $125,000 (-2.5%) $184,672 (7.2%) 0.42 619
2018-07-01 $130,500 (8.8%) $183,644 (9.0%) 0.44 654
2018-08-01 $127,450 (8.5%) $181,595 (9.6%) 0.43 644
2018-09-01 $120,950 (10.1%) $171,684 (7.1%) 0.41 662
2018-10-01 $119,999 (4.5%) $168,513 (4.5%) 0.41 644
2018-11-01 $117,500 (8.7%) $162,560 (4.3%) 0.40 623
2018-12-01 $119,900 (11.0%) $165,189 (7.7%) 0.41 568
2019-01-01 $118,450 (11.5%) $167,193 (9.8%) 0.41 553
2019-02-01 $119,947 (8.6%) $176,277 (11.9%) 0.41 511
2019-03-01 $126,297 (9.9%) $183,301 (14.9%) 0.41 502
2019-04-01 $139,800 (20.1%) $189,259 (11.2%) 0.44 492
2019-05-01 $152,450 (27.1%) $191,640 (8.3%) 0.48 491
2019-06-01 $149,000 (19.2%) $182,288 (-1.3%) 0.47 522
2019-07-01 $149,900 (14.9%) $183,775 (0.1%) 0.47 512
2019-08-01 $149,245 (17.1%) $188,018 (3.5%) 0.47 507
2019-09-01 $148,264 (22.6%) $189,204 (10.2%) 0.47 500
2019-10-01 $146,225 (21.9%) $188,536 (11.9%) 0.47 505
2019-11-01 $134,900 (14.8%) $181,857 (11.9%) 0.44 526
2019-12-01 $125,000 (4.3%) $169,395 (2.6%) 0.42 485
2020-01-01 $128,475 (8.5%) $166,431 (-0.5%) 0.43 418
2020-02-01 $137,000 (14.2%) $174,542 (-1.0%) 0.45 381
2020-03-01 $147,800 (17.0%) $185,416 (1.2%) 0.46 379
2020-04-01 $152,475 (9.1%) $193,064 (2.0%) 0.48 367
2020-05-01 $165,000 (8.2%) $206,687 (7.9%) 0.50 305
2020-06-01 $152,450 (2.3%) $200,250 (9.9%) 0.45 292
2020-07-01 $131,975 (-12.0%) $194,724 (6.0%) 0.38 282
2020-08-01 $140,000 (-6.2%) $198,626 (5.6%) 0.40 273
2020-09-01 $138,725 (-6.4%) $196,702 (4.0%) 0.40 273
2020-10-01 $134,950 (-7.7%) $199,862 (6.0%) 0.39 253
2020-11-01 $142,450 (5.6%) $196,981 (8.3%) 0.42 257
2020-12-01 $142,450 (14.0%) $191,045 (12.8%) 0.42 233
2021-01-01 $146,200 (13.8%) $199,663 (20.0%) 0.44 191
2021-02-01 $147,500 (7.7%) $205,495 (17.7%) 0.43 152
2021-03-01 $154,850 (4.8%) $204,214 (10.1%) 0.44 159
2021-04-01 $157,725 (3.4%) $226,037 (17.1%) 0.43 158
2021-05-01 $160,000 (-3.0%) $224,490 (8.6%) 0.43 177
2021-06-01 $152,500 (0.0%) $219,628 (9.7%) 0.40 216
2021-07-01 $172,273 (30.5%) $231,245 (18.8%) 0.45 255
2021-08-01 $164,500 (17.5%) $221,169 (11.4%) 0.44 247
2021-09-01 $171,250 (23.5%) $227,269 (15.5%) 0.46 253
2021-10-01 $168,750 (25.1%) $215,427 (7.8%) 0.45 253
2021-11-01 $165,532 (16.2%) $206,148 (4.7%) 0.44 226
2021-12-01 $160,894 (13.0%) $218,073 (14.2%) 0.44 185
2022-01-01 $154,950 (6.0%) $230,781 (15.6%) 0.42 124
2022-02-01 $179,250 (21.5%) $249,527 (21.4%) 0.47 117
2022-03-01 $179,950 (16.2%) $251,413 (23.1%) 0.45 128
2022-04-01 $182,450 (15.7%) $255,260 (12.9%) 0.43 151
2022-05-01 $213,200 (33.3%) $273,493 (21.8%) 0.49 174
2022-06-01 $219,975 (44.3%) $273,298 (24.4%) 0.49 202
2022-07-01 $210,000 (21.9%) $268,019 (15.9%) 0.47 220
2022-08-01 $229,750 (39.7%) $341,969 (54.6%) 0.53 210
2022-09-01 $229,900 (34.3%) $317,040 (39.5%) 0.54 225
2022-10-01 $229,000 (35.7%) $306,636 (42.3%) 0.54 273
2022-11-01 $232,450 (40.4%) $369,855 (79.4%) 0.56 326
2022-12-01 $227,450 (41.4%) $382,683 (75.5%) 0.56 283
2023-01-01 $241,738 (56.0%) $404,744 (75.4%) 0.60 232
2023-02-01 $244,500 (36.4%) $373,530 (49.7%) 0.59 215
2023-03-01 $250,125 (39.0%) $372,045 (48.0%) 0.59 183
2023-04-01 $238,700 (30.8%) $347,250 (36.0%) 0.56 203
2023-05-01 $267,463 (25.5%) $359,135 (31.3%) 0.61 204
2023-06-01 $292,000 (32.7%) $369,275 (35.1%) 0.66 225
2023-07-01 $279,900 (33.3%) $363,350 (35.6%) 0.64 258
2023-08-01 $268,000 (16.7%) $334,163 (-2.3%) 0.62 269
2023-09-01 $249,950 (8.7%) $327,696 (3.4%) 0.58 309
2023-10-01 $233,075 (1.8%) $306,185 (-0.2%) 0.55 362
2023-11-01 $229,800 (-1.1%) $290,203 (-21.5%) 0.55 354
2023-12-01 $226,950 (-0.2%) $295,014 (-22.9%) 0.55 304
TOPEKA's median listing price for 2023-12-01 was $226,950, a difference of $-500 (-0.2%) versus the prior year and $-2,850 versus the prior month.

TOPEKA's median listing price comes in at 55% of the national average.

TOPEKA's average listing price for 2023-12-01 was $295,014, a difference of $-87,669 (-22.9%) versus the prior year and $4,811 versus the prior month.

For the 2023-12-01 period, TOPEKA had 304 MLS listings, a difference of -50 listings (-14%) versus the prior month and 21 listings (7%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - TOPEKA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 70 days 1,591 sqft
2018-02-01 58 days 1,616 sqft
2018-03-01 44 days 1,632 sqft
2018-04-01 40 days 1,667 sqft
2018-05-01 37 days 1,671 sqft
2018-06-01 35 days 1,700 sqft
2018-07-01 37 days 1,735 sqft
2018-08-01 42 days 1,671 sqft
2018-09-01 44 days 1,600 sqft
2018-10-01 45 days 1,600 sqft
2018-11-01 55 days 1,585 sqft
2018-12-01 61 days 1,585 sqft
2019-01-01 64 days 1,585 sqft
2019-02-01 63 days 1,608 sqft
2019-03-01 52 days 1,655 sqft
2019-04-01 35 days 1,694 sqft
2019-05-01 37 days 1,765 sqft
2019-06-01 36 days 1,786 sqft
2019-07-01 38 days 1,772 sqft
2019-08-01 42 days 1,768 sqft
2019-09-01 40 days 1,769 sqft
2019-10-01 40 days 1,756 sqft
2019-11-01 45 days 1,700 sqft
2019-12-01 53 days 1,665 sqft
2020-01-01 59 days 1,643 sqft
2020-02-01 52 days 1,660 sqft
2020-03-01 36 days 1,679 sqft
2020-04-01 39 days 1,788 sqft
2020-05-01 32 days 1,799 sqft
2020-06-01 24 days 1,729 sqft
2020-07-01 24 days 1,627 sqft
2020-08-01 29 days 1,629 sqft
2020-09-01 25 days 1,591 sqft
2020-10-01 28 days 1,637 sqft
2020-11-01 28 days 1,634 sqft
2020-12-01 30 days 1,576 sqft
2021-01-01 37 days 1,632 sqft
2021-02-01 29 days 1,639 sqft
2021-03-01 16 days 1,600 sqft
2021-04-01 13 days 1,560 sqft
2021-05-01 12 days 1,643 sqft
2021-06-01 14 days 1,658 sqft
2021-07-01 18 days 1,719 sqft
2021-08-01 22 days 1,674 sqft
2021-09-01 22 days 1,686 sqft
2021-10-01 27 days 1,676 sqft
2021-11-01 32 days 1,676 sqft
2021-12-01 38 days 1,645 sqft
2022-01-01 31 days 1,625 sqft
2022-02-01 22 days 1,681 sqft
2022-03-01 12 days 1,733 sqft
2022-04-01 24 days 1,693 sqft
2022-05-01 26 days 1,753 sqft
2022-06-01 20 days 1,775 sqft
2022-07-01 27 days 1,768 sqft
2022-08-01 31 days 1,836 sqft
2022-09-01 28 days 1,846 sqft
2022-10-01 32 days 1,820 sqft
2022-11-01 36 days 1,751 sqft
2022-12-01 43 days 1,716 sqft
2023-01-01 59 days 1,723 sqft
2023-02-01 61 days 1,698 sqft
2023-03-01 47 days 1,778 sqft
2023-04-01 33 days 1,680 sqft
2023-05-01 29 days 2,008 sqft
2023-06-01 25 days 2,137 sqft
2023-07-01 28 days 2,107 sqft
2023-08-01 31 days 1,897 sqft
2023-09-01 30 days 1,902 sqft
2023-10-01 36 days 1,782 sqft
2023-11-01 39 days 1,752 sqft
2023-12-01 47 days 1,772 sqft
TOPEKA's median listing age (time on market) for 2023-12-01 was 47 days. This is 9% longer than the same period one year ago.

TOPEKA's median square footage for active listings during the 2023-12-01 period was 1,772 sqft. One year prior, the average listing was 1,716 sqft.

TOPEKA, KS Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
66002 Topeka, KS $660 $780 $920 $1,230 $1,400
66044 Topeka, KS $670 $780 $920 $1,260 $1,490
66050 Topeka, KS $680 $730 $910 $1,290 $1,520
66054 Topeka, KS $670 $780 $920 $1,230 $1,400
66058 Topeka, KS $570 $580 $760 $970 $1,150
66060 Topeka, KS $570 $570 $750 $960 $1,130
66066 Topeka, KS $630 $630 $830 $1,060 $1,250
66070 Topeka, KS $700 $700 $920 $1,170 $1,390
66073 Topeka, KS $730 $740 $970 $1,240 $1,470
66086 Topeka, KS $680 $780 $920 $1,230 $1,400
66088 Topeka, KS $560 $570 $740 $940 $1,120
66095 Topeka, KS $570 $580 $760 $970 $1,150
66097 Topeka, KS $660 $780 $920 $1,230 $1,400
66401 Topeka, KS $620 $620 $820 $1,170 $1,420
66402 Topeka, KS $590 $590 $780 $990 $1,180
66407 Topeka, KS $650 $650 $820 $1,090 $1,420
66409 Topeka, KS $650 $690 $880 $1,230 $1,490
66413 Topeka, KS $560 $570 $740 $940 $1,120
66414 Topeka, KS $600 $600 $790 $1,010 $1,190
66416 Topeka, KS $570 $580 $750 $950 $1,130
66418 Topeka, KS $700 $720 $930 $1,210 $1,430
66419 Topeka, KS $620 $620 $820 $1,040 $1,240
66420 Topeka, KS $650 $650 $860 $1,100 $1,300
66422 Topeka, KS $650 $650 $820 $1,090 $1,420
66423 Topeka, KS $560 $570 $740 $940 $1,120
66428 Topeka, KS $570 $580 $760 $970 $1,150
66429 Topeka, KS $680 $690 $900 $1,150 $1,360
66431 Topeka, KS $560 $570 $740 $940 $1,120
66432 Topeka, KS $650 $650 $820 $1,090 $1,420
66436 Topeka, KS $560 $570 $740 $940 $1,120
66439 Topeka, KS $560 $570 $740 $940 $1,120
66440 Topeka, KS $610 $620 $810 $1,030 $1,220
66451 Topeka, KS $670 $670 $880 $1,120 $1,330
66501 Topeka, KS $610 $620 $810 $1,030 $1,220
66502 Topeka, KS $720 $720 $900 $1,180 $1,540
66507 Topeka, KS $720 $730 $970 $1,250 $1,470
66509 Topeka, KS $650 $650 $860 $1,100 $1,300
66510 Topeka, KS $560 $570 $740 $940 $1,120
66512 Topeka, KS $610 $610 $800 $1,020 $1,210
66516 Topeka, KS $560 $570 $740 $940 $1,120
66523 Topeka, KS $560 $570 $740 $940 $1,120
66524 Topeka, KS $650 $690 $860 $1,230 $1,490
66526 Topeka, KS $610 $620 $810 $1,060 $1,260
66528 Topeka, KS $570 $570 $750 $960 $1,130
66533 Topeka, KS $770 $780 $1,020 $1,300 $1,540
66536 Topeka, KS $650 $650 $820 $1,090 $1,420
66537 Topeka, KS $750 $750 $990 $1,260 $1,500
66539 Topeka, KS $560 $570 $740 $940 $1,120
66540 Topeka, KS $650 $650 $820 $1,090 $1,420
66542 Topeka, KS $650 $690 $860 $1,230 $1,490
66543 Topeka, KS $740 $750 $980 $1,250 $1,480
66546 Topeka, KS $630 $630 $830 $1,060 $1,250
66547 Topeka, KS $660 $670 $830 $1,090 $1,420
66550 Topeka, KS $610 $610 $800 $1,020 $1,210
66552 Topeka, KS $560 $570 $740 $940 $1,120
66601 Topeka, KS $650 $650 $860 $1,100 $1,300
66603 Topeka, KS $560 $570 $740 $940 $1,120
66604 Topeka, KS $680 $690 $900 $1,150 $1,360
66605 Topeka, KS $640 $640 $840 $1,070 $1,270
66606 Topeka, KS $640 $650 $850 $1,080 $1,280
66607 Topeka, KS $590 $590 $780 $990 $1,180
66608 Topeka, KS $660 $660 $870 $1,110 $1,310
66609 Topeka, KS $610 $610 $800 $1,020 $1,210
66610 Topeka, KS $960 $970 $1,270 $1,620 $1,920
66611 Topeka, KS $670 $680 $890 $1,130 $1,340
66612 Topeka, KS $560 $570 $740 $940 $1,120
66614 Topeka, KS $670 $680 $890 $1,130 $1,340
66615 Topeka, KS $780 $780 $1,030 $1,310 $1,560
66616 Topeka, KS $580 $590 $770 $980 $1,160
66617 Topeka, KS $730 $730 $960 $1,220 $1,450
66618 Topeka, KS $760 $760 $1,000 $1,270 $1,510
66619 Topeka, KS $850 $860 $1,130 $1,440 $1,710
66620 Topeka, KS $650 $650 $860 $1,100 $1,300
66621 Topeka, KS $680 $690 $900 $1,140 $1,350
66622 Topeka, KS $680 $690 $900 $1,150 $1,360
66647 Topeka, KS $650 $650 $860 $1,100 $1,300
66667 Topeka, KS $650 $650 $860 $1,100 $1,300
66675 Topeka, KS $650 $650 $860 $1,100 $1,300
66683 Topeka, KS $650 $650 $860 $1,100 $1,300
66834 Topeka, KS $620 $620 $820 $1,170 $1,420
66846 Topeka, KS $560 $570 $740 $940 $1,120
66856 Topeka, KS $560 $570 $740 $940 $1,120
66868 Topeka, KS $610 $610 $800 $1,020 $1,210
66871 Topeka, KS $560 $570 $740 $940 $1,120

2022 Average & Median Rent Data Statistics
TOPEKA, KS average 1BR rent: $654, median: $650
TOPEKA, KS average 2BR rent: $846, median: $830
TOPEKA, KS average 3BR rent: $1,095, median: $1,090

TOPEKA, KS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,996 $588,690,000 $196,492
Cash Out Refi 807 $153,045,000 $189,647
Refi 717 $109,455,000 $152,657
Home Improvement 603 $36,815,000 $61,053
Other 423 $29,095,000 $68,783

Topeka's most frequently cited loan purpose was Home Purchase, with 2,996 originations. The 2nd most popular reason was Cash Out Refi, with 807 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 1,399 $227,765,000 $162,806
4-5% 1,145 $202,575,000 $176,921
3-4% 974 $147,970,000 $151,920
6-7% 559 $82,495,000 $147,576
2.5-3% 272 $48,770,000 $179,301
7-8% 218 $22,640,000 $103,853
<2.5% 102 $50,190,000 $492,059
Over 8% 58 $3,440,000 $59,310

During 2022, Topeka's most frequently originated rate bucket was 5-6%, with 1,399 originations.

Loan Sizing (TOPEKA, KS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 2,072 $113,080,000 $54,575
$100k-200k 2,024 $294,540,000 $145,524
$200k-400k 1,235 $333,345,000 $269,915
$400k-600k 168 $77,690,000 $462,440
$600k-1000k 32 $22,840,000 $713,750
$Over $1MM 15 $75,605,000 $5,040,333

TOPEKA's loan sizing saw the bucket of loans from $100,000 or less with 2,072 originations, totaling $113,080,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 2,049 $416,555,000 $203,297
60-80% 1,182 $239,490,000 $202,614
20-40% 496 $32,040,000 $64,597
Under 20% 483 $18,555,000 $38,416
40-60% 392 $48,080,000 $122,653
Over 100% 56 $25,970,000 $463,750

TOPEKA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,049 originations, totaling $416,555,000 in origination value.